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$2,900,000

Beds
5
Baths
5.5
sq ft
3,728

16 Alessio, Lake Forest, CA 92630

16 Alessio

Lake Forest, CA 92630

  • 47 days on market
    • Price drop $100,000↓
With nearly $650,000 in Premium Upgrades and ***NO Mello Roos Tax***, welcome home to 16 Alessio! This home is a PERFECT 5 Bedroom / 5.5 Bath Residence in the quiet and private Teresina enclave built by Master Builder Shea Homes. This residence is nearly 3,800 sqft and has a premium lot with extra space between neighbors, and a private backyard. Nestled against the foothills of Lake Forest, you will find 16 Alessio a masterful home that is appointed with luxurious upgrades and features a first floor Guest Suite with its own living room, bedroom, en-suite bathroom and laundry room ***PERFECT for Multi-Generational Living***. Go GREEN with 48 Solar Panels and 2 Tesla PowerWalls - fully owned...the Utility company will be paying you! 16 Alessio offers an amazing ***Heated Salt Water Pool*** with a variable control water current for Static Swim. Easy flow from indoor/outdoor by the 3 Panel Glass slider doors to open up the house to the Entertainer's delight backyard offering a California Room & fireplace, LYNX BBQ Island and adjustable pergola to vary natural light or shade. Inside, prepare gourmet meals in the Chef inspired kitchen with sweeping center island and quartz counter tops and GE Monogram ProSeries stainless steel appliances & JennAir IGX Refrigerator/Freezer columns. Enjoy the ideal smart home with IOTTY SmartHome Wifi controlled light switches and SOMFY remote controlled window blinds. ATT Fiber provides easy access to the internet with multi Hotspot access points throughout the house. And my favorites...RGB LED accent lighting for front-yard and back-yard and the garage offers a motorized adjustable storage rack and epoxy flooring. Upstairs you will find FOUR (4) spacious rooms all with en-suite bathrooms with the Primary owner's bedroom offering an enormous en-suite bathroom with separate soaking tub. Live in Luxury! Note: 48 Solar panels can generate up to 30,000 kW annually!

Details

Property type

Single Family Residence

Est. home value

$2,078,615

Lot size

4,566 sq ft

Price per sq ft

$778

Year built

2020

Monthly HOA fee

$260

Price History

06/27/2024
CRMLS

CRMLS #OC24098714

Price change
$2,900,000
-3.33%
05/15/2024
CRMLS

CRMLS #OC24098714

Listed
$3,000,000
+115.83%
03/13/2021
CRMLS

CRMLS #OC20167674

Sold
$1,390,000

Schools & Community

Elementary school: 

Rancho Canada

Middle school: 

Serrano

High school: 

El Toro

Community features: 

Park, Street Lights

High school district: 

Saddleback Valley Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,647,773
Asking price
$2,900,000
Closing costs (~8% of asking)
-$232,000
Est. remaining loan balance
-$1,020,227
Cash to seller
$1,647,773

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

March 2021

Original loan amount

$1,100,000

Est. remaining balance

$1,020,227

Interest rate

2.79%

Loan type

VA, 30 year

Seller

Vester Darrell Marlow and Jin Marlow

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/30/2024 at 7:30 PM

Listing updated: 06/27/2024 at 9:36 AM

Listed by: Michael Mei, Keller Williams Realty Irvine Phone #: (949) 861-8000

MLS: CRMLS #OC24098714

CRMLS logo

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